Archer-Daniels-Midland Balance Sheet Health
Financial Health criteria checks 6/6
Archer-Daniels-Midland has a total shareholder equity of $23.5B and total debt of $10.0B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are $54.8B and $31.3B respectively. Archer-Daniels-Midland's EBIT is $3.5B making its interest coverage ratio 13.8. It has cash and short-term investments of $830.0M.
Key information
42.4%
Debt to equity ratio
US$9.98b
Debt
Interest coverage ratio | 13.8x |
Cash | US$830.00m |
Equity | US$23.54b |
Total liabilities | US$31.29b |
Total assets | US$54.83b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARDA's short term assets ($29.0B) exceed its short term liabilities ($19.7B).
Long Term Liabilities: ARDA's short term assets ($29.0B) exceed its long term liabilities ($11.6B).
Debt to Equity History and Analysis
Debt Level: ARDA's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: ARDA's debt to equity ratio has reduced from 52.1% to 42.4% over the past 5 years.
Debt Coverage: ARDA's debt is well covered by operating cash flow (67.8%).
Interest Coverage: ARDA's interest payments on its debt are well covered by EBIT (13.8x coverage).